According to the public record, 8, Francis Street, Lincoln is a mid-century apartment with 473 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Francis Street, Lincoln, LN1 is located in the borough of Lincoln within the LN1 postal district.
8, Francis Street, Lincoln has no records in the Land Registry database and a single entry in the EPC database dated September 2015.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 8 Francis Street Lincoln as £121,670 and the rental value as £754 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 8 Francis Street Lincoln has increased by £5,653 (4.6%) and its rental value has increased by £41 per month (5.4%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 8, Francis Street, Lincoln is in very good condition we estimate a sale value of £127,754 and rental value of £791 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £113,153 and a rental value of £701 per month.
If you were able to purchase this property for the estimated value of £121,670, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £598 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 430 metres radius of 8, Francis Street, Lincoln over the last 2 years.
The most recent example is 14, Francis Street, Lincoln, LN1 3EJ, a Freehold house which sold for £240,000 in Sep 2021.
Read more about house prices in LN1.
Francis Street, Lincoln, LN1 has a total of 20 addresses. According to our analysis of all the public data, 8, Francis Street, Lincoln is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £122k less expensive than the average property in LN1.
8, Francis Street, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Sep 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 8, Francis Street, Lincoln is Lincoln station which is 1.5 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Francis Street, Lincoln, 43.2% of property is privately rented and 22.5% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 8, Francis Street, Lincoln, 34.6% of residents are recorded as possessing school level qualifications and 35.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 8, Francis Street, Lincoln, the average age was 39.2 and the most common age was 22.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 8, Francis Street, Lincoln, 0.4% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 8, Francis Street, Lincoln, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.